California
Farmers Insurance data breach affects more than one million
Farmers Insurance, a California-based insurer, has experienced a data breach, resulting in unauthorised access to the “sensitive” data of more…
SiriusPoint to offer capacity for Arden Insurance’s wildfire cover
Arden Insurance Services, a US-based managing general underwriter, has received capacity support from SiriusPoint for its new insurance programme designed…
CLARA Analytics launches new AI tools
CLARA Analytics has introduced two AI tools to support insurance claims professionals in making informed decisions and improving outcomes. The…
Kin Insurance taps ZestyAI for wildfire risk assessment
Kin Insurance has integrated ZestyAI's wildfire risk assessment model, Z-FIRE, to evaluate property-level wildfire exposure in California. This integration, which…
Willis, The Nature Conservancy unveil wildfire resilience insurance
Willis, part of WTW, in partnership with The Nature Conservancy, has launched a insurance policy that incorporates wildfire risk mitigation…
MAPFRE RE and CyberCube partner to address cyber risk
MAPFRE RE, the reinsurer of MAPFRE Group, is to license CyberCube’s solutions under a three-year agreement with the cyber risk analytics…
CIWA introduces initiatives to drive professional and tech advancements
The California Insurance Wholesalers Association (CIWA), an insurance trade body, has introduced two initiatives – CIWA Women and an Insurtech…
Falcon Insurance Group adopts Liberate Voice AI FNOL
Falcon Insurance Group has selected Liberate Voice AI FNOL to modernise its first notice of loss (FNOL) process, aiming to…
Specialty Risk Re secures $50m in funding
Collateral reinsurance company Specialty Risk Re (SRR) has closed a $50m (£39.52m) institutional funding round led by NMS Capital Group. …
NEXT Insurance adopts ZestyAI’s property risk models
Commercial insurer NEXT Insurance has collaborated with property and climate risk platform ZestyAI for its AI-driven Z-PROPERTY and Z-FIRE models. …
California seeks $1bn from insurers to strengthen FAIR Plan
California Department of Insurance (CDI) Commissioner Ricardo Lara has requested $1bn in additional funds from the commission's member insurers to…
ZestyAI’s Z-FIRE wildfire risk model now filing-ready in California
Climate and property risk analytics provider ZestyAI has announced that its advanced wildfire risk model, Z-FIRE, is now filing-ready in…
Merchants Insurance Group adopts CLARA Analytics solutions
Merchants Insurance Group has integrated CLARA Analytics' AI technology to streamline its auto liability claims process. This covers the implementation…
One Inc announces new chairman of the board
Insurance payments and software solutions provider One Inc has appointed Scott G. Stephenson as chairman of the board of directors. …
California halts insurance non-renewals in wildfire areas
The California Department of Insurance (CDI) has mandated all property insurance providers to halt any pending non-renewals and cancellations for…